Oil Falls 2% On Powell Comments, Hopes For Venezuela Supply

Russia’s production dropped by 9% in April, and the country, part of the OPEC+ group, produced…

India’s Fuel Sales Moderate In April, Fall By 4% Month-On-Month

India’s retail inflation likely rose to an 18-month high in April, largely driven by rising fuel…

Indian Shares Fall As Metals Tumble; Automobiles Help Cap Losses

India announced a series of changes to the tax structure levied on fuel and crucial commodities…

Centre Slashes Excise Duty On Petrol By Rs. 8 And Diesel By Rs. 6

Since the 4 month long hiatus on fuel prices lifted at the end of March, prices…

India To Launch 20% Ethanol-Mixed Petrol In Some Parts From April 2023 – Report

India plans to introduce 20% ethanol blending with gasoline in some parts of the country from…

Ship Fuel Suppliers Stop Serving Russian Vessels In The Med – Report

Marine fuel sellers have stopped serving vessels flying the Russian flag at major European hubs including…

Fuel Ship Sinks Off Tunisia, Threatening Environmental Disaster

Tunisian authorities intensified efforts on Saturday to avoid an environmental disaster after a merchant fuel ship…

Iran Guards Say They Have Seized Two Ships With Smuggled Fuel In Gulf

Iran’s Revolutionary Guards said they had seized two vessels along the country’s coast on the Gulf…

India’s March Fuel Demand Hits 3-Year High, Petrol Sales At Record Peak

India’s fuel demand rose to a three-year high in March, with petrol sales hitting an all-time…

India’s March Fuel Demand Hits 3-yr High, Petrol Sales At All-Time Peak

Fuel consumption in India rose to 19.41 million tonnes, the highest since March 2019 as per…